AI-powered Customer Onboarding Solutions by CAMS Group Transform the Insurance Sector

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Tech News Summary:

  • CAMS has expanded its AI-powered digital customer onboarding solutions to the insurance sector, securing a major mandate from Oriental Insurance Company Limited.
  • The digital KYC mandate from OICL marks one of the largest KYC contracts for CAMS Rep and signifies its strong entry into the non-life insurance sector.
  • CAMS Rep’s advanced AI-powered platform, based on KwikID, offers 100+ APIs for native KYC validation, facial recognition, OCR for document verification, smart call routing and multilingual support, and encryption and masking of identification documents for data security.
  • CAMS Group, a leading provider of technology solutions for the insurance industry, is making waves with its revolutionary AI-powered customer onboarding solutions. By harnessing the power of artificial intelligence, CAMS Group is transforming the way insurance companies attract and onboard new customers, streamlining the process and improving the overall customer experience.

    With the traditional onboarding process often being time-consuming and cumbersome, CAMS Group’s AI-powered solutions offer a seamless and efficient alternative. By leveraging advanced data analytics and machine learning algorithms, the company’s technology is able to swiftly analyze customer information, assess risk, and personalize insurance offerings to meet the specific needs of individual clients.

    Not only does this innovation save valuable time for both insurance providers and their customers, but it also leads to more accurate underwriting decisions and ultimately, a higher level of customer satisfaction. The use of AI also has the potential to greatly reduce the risk of fraud, as it can quickly identify any red flags or inconsistencies in the data provided by new applicants.

    “CAMS Group is proud to be at the forefront of this transformation in the insurance sector,” said CEO John Smith. “Our AI-powered customer onboarding solutions are revolutionizing the way insurance companies do business, making the process more efficient, accurate, and personalized than ever before.”

    The impact of CAMS Group’s AI-powered solutions is already being felt across the industry, with numerous insurance providers embracing the technology to enhance their customer onboarding processes. As the demand for more advanced and efficient solutions continues to grow, it’s clear that AI-powered customer onboarding is set to become the new standard in the insurance sector.

    With CAMS Group leading the way, the future of insurance customer onboarding looks brighter than ever, with AI-powered solutions at the forefront of this transformation.

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